DAVE Stock Skyrockets 174% in a Year: Will the Rally Continue?

Core Insights - Dave Inc.'s shares have increased by 173.5% over the past year, outperforming the industry growth of 17.8% and the Zacks S&P 500 Composite's rise of 20.3% [1][6] - The company has added 843,000 members in Q3 2025, bringing total membership to 13.5 million, a 17% year-over-year increase [5][15] - Dave's new fee model and CashAI v5.5 have significantly contributed to customer growth and retention [8][15] Performance Comparison - Dave's stock has outperformed peers such as LiveRamp, which saw a 6.3% decline, and Nable, which experienced a 22.9% drop [1][4] - In the last month, Dave's shares gained 15.2%, while LiveRamp and Nable lost 2.6% and 3.9%, respectively [4] Customer Growth and Acquisition - The increase in membership was driven by a 25% year-over-year rise in Dave Card spend, while customer acquisition cost (CAC) remained stable at $19 [5][6] - ExtraCash origination increased by 49% year-over-year, indicating successful marketing efforts [5] Financial Metrics - Dave's current ratio improved to 8.7 in Q3 2025, up from 6.81 a year ago, significantly exceeding the industry average of 1.58 [13] - The company trades at 16.56 times forward 12-month EPS, below the industry average of 26.11 times, making it attractive for value-oriented investors [9] Profitability - Dave's return on equity (ROE) stands at 77.8%, compared to the industry average of 15.3%, while its return on capital invested (ROIC) is 48.8%, well above the industry average of 7.7% [11] - These metrics indicate strong profitability and efficient shareholder return generation [11] Revenue and Earnings Projections - The Zacks Consensus Estimate for 2025 revenues is $546.1 million, reflecting a 57.3% increase from the previous year, with a further 20.2% anticipated growth in 2026 [14] - The consensus estimate for 2025 earnings per share is $12.96, indicating a 147.3% increase from the prior year, with an expected 8% rise in 2026 [14]